P/E ratio for Björn Borg (BORG.ST)
P/E ratio as of May 2024 (TTM): 20.9
According to Björn Borg's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.9041. At the end of 2022 the company had a P/E ratio of 15.2.
P/E ratio history for Björn Borg from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.2 | 3.67% |
| 2021 | 14.7 | -44.98% |
| 2020 | 26.7 | 63.02% |
| 2019 | 16.4 | 98.09% |
| 2018 | 8.28 | -56.11% |
| 2017 | 18.9 | 5.21% |
| 2016 | 17.9 | 2.19% |
| 2015 | 17.5 | 45.56% |
| 2014 | 12.1 | -65.51% |
| 2013 | 34.9 | 112.69% |
| 2012 | 16.4 | 104.26% |
| 2011 | 8.04 | -52.46% |
| 2010 | 16.9 | -18.43% |
| 2009 | 20.7 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.